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FintekNews compares the price of Bitcoin, Gold & Major Market Averages on a daily basis, and uses the Chicago Mercantile Exchange’s (CME) bitcoin indexes (BRR & BRTI) for bitcoin pricing.
7/13/17 Closing Prices:
Bitcoin: $2,360.41 (+$9.03) Gold: $1,218 (-$2.00) Dow Jones Industrials: 21,553.09 (+0.95) S&P 500: 2,447.83 (+4.58) Nasdaq Composite: 6,274.44 (+13.27)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time Index
Trading Summary Notes for Thursday, 7/13/2017:
- Bitcoin biding its time waiting for Aug.1st "split" decision
- Split, in new terms, is "hard fork". Two miner factions to decide on bitcoin future decision
- Bitcoin may have two identities on Aug 1st decision
- Until then, bitcoin will tread water. No big moves (unless decision is leaked). Stay tuned.
- Gold treading water too.
- Don't be too bearish on gold. Upside limited for a while.
- Stay on sidelines for time being.
No Current Trading Positions
Past Market:
Read our PRIOR daily commentaries on Bitcoin vs Gold here
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